FOR RELEASE: November 24, 2004

Montana Rail Link Orders SD70ACe Locomotives
Tests Demonstrate 20% Fuel Savings

LaGrange, Illinois and Missoula, Montana - General Motors Electro-Motive Division and Montana Rail Link (MRL) today announced that MRL will take delivery in 2005 of sixteen SD70ACe locomotives that meet U.S. Environmental Protection Agency (EPA) Tier 2 engine emissions standards.

Recent heavy haul train tests conducted by MRL confirmed that the Electro-Motive SD70ACe locomotives provide a fuel savings of greater than 20%. Five new locomotives will replace eight older locomotives on coal and grain trains that MRL operates over the continental divide in western Montana.

According to MRL President Tom Walsh, "Acquiring new state-of-the-art locomotives is one of the many examples of Montana Rail Link's long term commitment to our employees and to the customers we serve. Not only are the new units highly-energy efficient, they are the newest in low emissions technology."

The SD70ACe uses Electro-Motive's well-known and reliable 710 diesel engine to provide high fuel efficiency while surpassing the stringent EPA emissions standards. This locomotive produces 4300 traction horsepower and uses an AC (Alternating Current) traction system.

The new MRL locomotives will also be equipped with IntelliTrain, Electro-Motive's remote monitoring and diagnostics system that enables technicians in the office and maintenance facilities to access locomotive health and operational data while the locomotives are pulling trains. MRL expects this unprecedented visibility to increase locomotive utilization and availability.

About Electro-Motive: Electro-Motive markets, designs, sells, manufactures, and services freight and passenger diesel-electric locomotives and diesel marine and power generation products for use worldwide. The company has primary operations in LaGrange, Illinois, USA and in London, Ontario, Canada, as well as relationships with assembly affiliates and sales licensees throughout the world. Electro-Motive and its associates have produced over 58,000 diesel-electric locomotives for customers in 73 countries. Electro-Motive can be found on the Web at www.EMDiesels.com.

Montana Rail Link, Inc. (MRL), headquartered at Missoula, Montana, is a regional railroad linking southern and western Montana with the U.S. rail network. MRL's 900 miles of track in Montana, Idaho, and Washington serve as a major corridor between the central and southern states and the Pacific Northwest and Canada. The company connects with the Burlington Northern Santa Fe and Union Pacific railroads, and handles more than 240,000 carloads each year. MRL can be found on the Web at www.montanarail.com.

FOR FURTHER INFORMATION:
John Cavanaugh
john.n.cavanaugh@emdiesels.com
+1 (708) 387-6355